AUD Trading Outlook Archive

AUDUSD Pivot: 0.7305 Likely scenario: Short positions below 0.7305 with targets @ 0.724 & 0.7225 in extension. Alternative scenario: Above 0.7305 look for further upside with 0.7345 & 0.738 as targets. Comment: As long as the resistance at 0.7305 is not surpassed, the risk of… Read more

Intraday Technical Strategy AUD/USD Intraday: the downside prevails. Pivot 0.7305 Our preference Short positions below 0.7305 with targets @ 0.7237 & 0.7213 in extension. Alternative scenario Above 0.7305 look for further upside with 0.7345 & 0.738 as targets. Comment Even though a continuation of the… Read more

AUDUSD Pivot: 0.726 Likely scenario: Long positions above 0.726 with targets @ 0.7345 & 0.738 in extension. Alternative scenario: Below 0.726 look for further downside with 0.723 & 0.72 as targets. Comment: Even though a continuation of the consolidation cannot be ruled out, its extent… Read more

Intraday Technical Strategy AUD/USD Intraday: the upside prevails. Pivot 0.7260 Our preference Long positions above 0.726 with targets @ 0.738 & 0.74 in extension. Alternative scenario Below 0.726 look for further downside with 0.7237 & 0.72 as targets. Comment The RSI is mixed with a… Read more

AUDUSD Pivot: 0.727 Likely scenario: Long positions above 0.727 with targets @ 0.738 & 0.74 in extension. Alternative scenario: Below 0.727 look for further downside with 0.724 & 0.72 as targets. Comment: The RSI is mixed to bullish.

Intraday Technical Strategy AUD/USD Intraday: bounce. Pivot 0.7240 Our preference Long positions above 0.724 with targets @ 0.7345 & 0.736 in extension. Alternative scenario Below 0.724 look for further downside with 0.72 & 0.716 as targets. Comment The RSI is bullish and calls for further… Read more

AUDUSD Pivot: 0.73 Likely scenario: Short positions below 0.73 with targets @ 0.72 & 0.716 in extension. Alternative scenario: Above 0.73 look for further upside with 0.7345 & 0.738 as targets. Comment: As long as 0.73 is resistance, look for choppy price action with a… Read more

Intraday Technical Strategy AUD/USD Intraday: under pressure. Pivot 0.7345 Our preference Short positions below 0.7345 with targets @ 0.7235 & 0.72 in extension. Alternative scenario Above 0.7345 look for further upside with 0.738 & 0.741 as targets. Comment The RSI is mixed to bearish.

AUDUSD Pivot: 0.738 Likely scenario: Short positions below 0.738 with targets @ 0.7275 & 0.7235 in extension. Alternative scenario: Above 0.738 look for further upside with 0.741 & 0.744 as targets. Comment: The RSI is badly directed.